As it scale out and refines it 5G service offering, Verizon has narrowed down the list of companies it plans to work with and fund as part of its Built on 5G Challenge. The challenge, which will award a winning company $1 million toward commercializing their concept, was announced in January and CES and the winner will be announced at the same show, slated for early January.
Second and third prize teams are set to receive $500,000 and $250,000 respectively.